acquisition
FEDEX CORP. $192 (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 265.8 million; Market cap: $51.0 billion; Price-to-sales ratio: 1.0; Dividend yield: 0.8%; TSINetwork Rating: Average; www.fedex.com) completed its $4.9 billion acquisition of Netherlands-based courier TNT Express in May 2016.
Without unusual items, the company earned $1.23 billion in its fiscal 2017 second quarter, ended November 30, 2016....
Without unusual items, the company earned $1.23 billion in its fiscal 2017 second quarter, ended November 30, 2016....
Dear client,
Visa seems expensive in relation to its earnings. However, we feel the company’s low-risk business model and strong prospects justify this multiple.
For example, as a payment processor, Visa doesn’t suffer when credit card users fall behind on their payments....
Visa seems expensive in relation to its earnings. However, we feel the company’s low-risk business model and strong prospects justify this multiple.
For example, as a payment processor, Visa doesn’t suffer when credit card users fall behind on their payments....
Dear client:
Algonquin Power expects to soon complete its biggest acquisition to date, the $3.4 billion purchase of Missouri-based Empire District Electric. Growth by acquisition adds risk. But Algonquin cuts that risk by buying profitable utililities that either sell their power under long-term contracts or under rates set by regulators to ensure a profit.
ALGONQUIN POWER & UTILITIES $12 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 274.0 million; Market cap: $3.3 billion; Price-to-sales ratio: 3.0; Divd....
Algonquin Power expects to soon complete its biggest acquisition to date, the $3.4 billion purchase of Missouri-based Empire District Electric. Growth by acquisition adds risk. But Algonquin cuts that risk by buying profitable utililities that either sell their power under long-term contracts or under rates set by regulators to ensure a profit.
ALGONQUIN POWER & UTILITIES $12 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 274.0 million; Market cap: $3.3 billion; Price-to-sales ratio: 3.0; Divd....
FORTIS INC. $41 (Toronto symbol FTS; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares o/s: 399.8 million; Market cap: $16.4 billion; Price-to-sales ratio: 2.5; Dividend Sustainability Rating: Highest; Dividend yield 3.9%; www.fortisinc.com) is the main power utility in Newfoundland and PEI....
All of the Big Five banks hold our highest Dividend Sustainability Rating, but only two have announced payout increases for the first half of fiscal 2017.
BANK OF MONTREAL $97 (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares o/s: 645.8 million; Market cap: $63.5 billion; Priceto-sales ratio: 3.1; Dividend yield: 3.6%; www.bmo.com Dividend Sustainability Rating: Highest) will increase its quarterly dividend by 2.3%, to $0.88 a share from $0.86....
BANK OF MONTREAL $97 (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares o/s: 645.8 million; Market cap: $63.5 billion; Priceto-sales ratio: 3.1; Dividend yield: 3.6%; www.bmo.com Dividend Sustainability Rating: Highest) will increase its quarterly dividend by 2.3%, to $0.88 a share from $0.86....
Maker of chair lifts and other accessibility aides Savaria Corp. has seen its revenue jump and share price double this year.
A: Pure Industrial REIT, $5.41, symbol AAR.UN on Toronto (Units outstanding: 243.1 million; Market cap: $1.3 billion; www.piret.ca), owns industrial properties across Canada.
As of September 30, 2016, the trust held 166 buildings for a total of 17.8 million square feet of leasable space....
As of September 30, 2016, the trust held 166 buildings for a total of 17.8 million square feet of leasable space....
LEON’S FURNITURE LTD. $17.80 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www. leons.ca; Shares outstanding: 71.8 million; Market cap: $1.3 billion; Dividend yield: 2.3%) steadily increased the number of stores under the Leon’s banner from 27 in 2003 to today’s 84.
In March 2013, the company almost quadrupled in size with the $700 million purchase of its main rival, The Brick....
In March 2013, the company almost quadrupled in size with the $700 million purchase of its main rival, The Brick....
All five of Canada’s big banks have moved up strongly in the past year, as demand for new mortgages and loans remained strong. They have also built up their online and mobile banking operations, which will cut their future operating costs. We like all of them, but TD and Bank of Nova Scotia are our favourites for new buying.
ROYAL BANK OF CANADA $88 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.5 billion; Market cap: $132.0 billion; Price-to-sales ratio: 3.7; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.rbc.com) paid $5.5 billion U.S....
ROYAL BANK OF CANADA $88 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.5 billion; Market cap: $132.0 billion; Price-to-sales ratio: 3.7; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.rbc.com) paid $5.5 billion U.S....
U.S. restaurant chain Texas Roadhouse saw labour costs rise in the latest quarter, but profits still soared as it opened 7 new stores and increased its profit margin.